The future development direction of international tourism

Global: International tourist arrivals dropped by 60% to 80%

On January 8, 2020, the World Tourism Cities Federation (WTCF) and the Tourism Research Center of the Chinese Academy of Social Sciences held a press conference in Beijing** *The "World Tourism Economic Trend Report (2020)" was also released. The report pointed out that the total global tourism revenue is showing a growth trend. In 2019, the total global tourism revenue reached 5.8 trillion US dollars, a year-on-year increase of 8.6%.

In 2020, as the new coronavirus began to spread rapidly around the world in March, countries began to impose various blockade measures. The United Nations World Tourism Organization estimated that global tourism revenue may decrease by US$910 billion in 2020. Global tourism revenue in 2020 is expected to be US$4.89 trillion, and the global tourism industry will lose 100 million to 120 million direct job opportunities.

Data show that in 2019, the total number of international tourists worldwide reached 1.5 billion, a year-on-year increase of 4%. Among them, the countries that received the most international tourists were France, Spain and the United States.

According to the United Nations World Tourism Organization, the global tourism industry was hit hard by the new coronavirus epidemic in 2020. In the first five months of 2020, international travel stopped growing sharply in April and May, and the number of international tourists A year-on-year decrease of nearly 60%. The number of international tourists throughout the year may drop by 60% to 80% compared with 2019. Calculated based on the middle figure of 70%, the number of international tourists in 2020 will drop to 450 million. International tourism is expected to recover in 2021.

Region: The United States ranks first in terms of tourism revenue losses

Regionally, the World Tourism Cities Federation ranks the top 20 countries in total tourism revenue among various countries in the world as T20 countries. Overall, 80% of the global tourism economy is concentrated in the Top 20 countries. The top 20 countries in global tourism revenue in 2019 include the United States, China, Germany, the United Kingdom, India and other countries. Since 2013, the United States, China, and Germany have occupied the top three in total tourism revenue.

Affected by the epidemic in 2020, the tourism industry in various countries and regions around the world has been greatly affected by the epidemic. World Tourism Organization (UNWTO) data shows that the COVID-19 pandemic caused a 22% drop in international tourist arrivals in the first quarter of 2020. Europe fell by 19%, Asia-Pacific fell by 35%, and the United States fell by 15%.

——The above data comes from the "China Tourism Industry Market Foresight and Investment Strategic Planning Analysis Report" by the Forward-looking Industry Research Institute.